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OMB acts as the Mayor’s chief fiscal advisor and prepares the Mayor’s budget by working with City agencies to ensure that services are implemented in an efficient and cost-effective manner. In addition, OMB is responsible for providing vital information to government officials on the local, United States and world economies; implementing the City’s borrowing and bonds programs; engaging in outreach to the financial community; and conducting legal reviews of capital projects for financing with bond proceeds. Together, these efforts have allowed OMB to formulate and execute responsible, balanced budgets that have elicited strong credit ratings from our monitors. To keep you informed on these efforts, our website is updated with the latest information on the City's fiscal health, news and videos on vital City initiatives, and informative materials about the budget.